what is and what is not said, page-10

G'day Mac, take my comments with a grain of salt - I'm happy to see Maitland being developed as a potential project but geez I'd hate to be here in July 2012 talking about our hopes of producing magnetite because the DSO hubs haven't been brought along.

With the announcement due on who will build Anketell before Christmas, we have a window of opportunity to establish ourselves as a potential foundation user of the port and the AQA rail out of Bungaroo.

The same could be said at Iron Valley with FMG talking about producing out of Nyidinghu. The time is now.

If we miss this corporate window at either or both of our hubs I fear we will be pinning our hopes on Magnetite out of Maitland and I'm not sure I want a seat on that bus.